EURGBP SHORT WEEKLY

In this idea we’re looking at great volume profile in a Classic Wyckoff Distribution Schematic on the weekly. This higher time frame schematic shows a great bias in direction where the banks wish to take this specific pair. As you can see the final. Upthrust After Distribution (UTAD) was a high volume order area where we can visibly see where higher amounts of liquidity were taken above the equal highs.

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